Freestanding Retail
For Lease
$13,900,000 NNN
2053 Lemoine Avenue, Fort Lee, NJ 07024
Two tenant spaces have NNN leases extending through 2041 and 2043.
Space SizeContact for details
Days on Market244
Property Features for 2053 Lemoine Avenue
General Information
Standard status
Active
Total Parking Spaces
36
Property subtype
Retail
Additional Details
Space Use
Retail
Taxes and HOA fees
Annual Taxes
$72,830
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Alpine MC Realty LLC
Listed By:
Woo H. Choi
(201) 665-3114
Source:
Tkregroupinc
Added: Mar 4
Changed: Nov 1
Last Checked: Nov 1 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpine MC Realty LLC
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Investment Insights
Based on property information with market context.
Renovated and freestanding, this retail property has two occupied floors. Woori America occupies the first floor, and The Buffet is on the second. Both leases are structured as NNN, with stated terms running through 06/30/2043 and 04/30/41, respectively. The property has a stated 5% cap rate and 36 on-site parking spaces.
The property is in Fort Lee near high-rise buildings and a retail mall. A hotel is planned across the street.
The property is in Fort Lee near high-rise buildings and a retail mall. A hotel is planned across the street.
Key Highlights
- Renovated, freestanding retail building
- Woori America occupies the first floor; The Buffet occupies the second
- NNN leases run through 06/30/2043 and 04/30/41
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,572
Businesses Nearby
189k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 31%
Groceries 21%
Beauty & Spa 1%
ACME Markets
Groceries
40,671 visits/mo
0.4 miles
McDonald's
Dining
30,598 visits/mo
0.3 miles
Paris Baguette
Dining
22,490 visits/mo
0.1 miles
Starbucks
Dining
15,688 visits/mo
0.2 miles
Citibank
Shops & Services
14,931 visits/mo
0.1 miles
Demographics for 07024, NJ
40,171
Population
19,748
Households
2
Avg Household Size
46
Median Age
65%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
16,068
Density / Sq Mi
$105,594
Median Household Income
$71,008
Median Earnings
$2,257
Median Rent
$422,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Peonia Atelier — 1550 Lemoine Ave #110, Fort Lee, NJ 07024
Frequently Asked Questions
What type of property is this?
Storefront property - Two tenant spaces have NNN leases extending through 2041 and 2043.
Where is this storefront property located?
The property is located at 2053 Lemoine Avenue Fort Lee, NJ.
What is the lease rate?
The lease rate is $13,900,000.
What are key features of this property?
This property features: Renovated, freestanding retail building; Woori America occupies the first floor; The Buffet occupies the second; NNN leases run through 06/30/2043 and 04/30/41
